Ecuador, until recently only known by its oil resources, will continue to attract investors to its mining sector, with the value of the dawning industry set to jump from $1.1 billion this year to $7.9 billion in 2021, a new report shows.
According to BMI Research, the nation will increasingly emerge as a mining investment hot spot in Latin America thanks to a combination of revised regulatory framework, significant gold and copper reserves, and a policy of “inclusive agenda of development” expected to be carried over by the incoming President Lenin Moreno.